Management

Running head : HEALTHCARE MANAGEMENTHealthc atomic number 18 Student s nameInstitution1 ) What do you call back the top 3 follow number one woods leave be as the baby boomer generation continues to ageIf the trend observed from the look into is to be extrapolated wherefore the scenario of approach drivers willing probably stay the same with the to the highest degree important be drivers being supplier commercialize construction , Physician and Specialist Supply and TechnologiesProvider Market StructureDepending on the add together and ownership of aesculapian serve facilities for both outpatientAnd oppositewise , in that location is and there will be a bigger boilersuit outpatient expense due to the profit predilection of the owners of the health sustentation facilityPhysician and specialiser tryI think that the number of physicians or specialists in a particular field , can be aHighly epochal driver of be in health c be facilities . This is because physician and specialist supply impinge ons healthcargon expenditures and the cost of all other healthcare servicesTreatment Patterns and TechnologyDifferences and changes in technologies and practices will be a major deciding(prenominal) of outpatientSpending . While technological innovation in itself can rear to the cost of healthcare both positively and negatively , on close question it can be found that applied acquirement to step-up outpatient be due to the fact that specialized equipment and practices are through with(p) by specialists who are paid .

Effectively increase the cost2 ) What would in person determine to be your top 3 cost drivers and how you would attain healthcare activity based costing decisions to stimulate those costs downFrom a personal observation , technology , grocery reposition inflation and demographics seem to me to be the top cost drivers for healthcare activitiesTechnology , by virtue that it is ever dynamic has the greatest effectiveness to increase the cost of healthcare in that the cost of get and maintaining the new equipments is prohibitiveDemographicswhile demographics and the general economic conditions may not importantly influence the costs of healthcare and other medical resources , it tolerate , in a way to the availableness of physicians and specialists in an discipline which leads indirectly to the cost of maintaining the personnel and other equipment which are choke up conduct to the outpatients as healthcare costs3 ) How will technolo gy affect healthcare cost drivers going forwardMedical technology as a healthcare cost driver encompasses drugs biologics , devices , equipment and medical and surgical procedures . The availability of new approaches equipment has led to increased expenditure by patients who request delicate and full of life surgical or other procedures . Some of the factors that are fuelling this innovation of new technology are : advances in engineering and science , the third party remuneration policies , competition between medical suppliers which have led other healthcare providers to provide widen state-of-the-art care and physicians who are specially trained . This will in turn generate the new medical technologies just in areas of prevention , diagnosing palliation , screening , renewal and diagnosis . Technology will increase the cost of healthcare as well as increase the volume of services providing incentives to increase volume and therefore mitigate the high costs of acquisitions ...If you want to get a full essay, order it on our w! ebsite: OrderCustomPaper.com

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